Is 17403, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17403 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 17403 has remained a Seller's Market.

Key Takeaway

17403 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17403, PA

How much do homes in 17403, PA cost?

Median Sold Price

$215,000

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,750(+6.8%)

Key Takeaway

Homes in 17403 have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in 17403 was $215,000 in October 2024, up 6.8% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $60K$62K
+3.3%
2 $155.9K$200K
+28.2%
3 $230.6K$224.9K
-2.5%
4 $235K$253K
+7.7%
5+ $165K$195K
+18.2%

Summary: 17403 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 28.2%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 18.2%.

Median Sold Price Compared To Nearby Zip Codes

17401
+15.8%
17313
+14.3%
17407
+9.2%
17403
+6.8%
17402
+1.7%

Housing Supply in 17403, PA

How many homes are available in 17403, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
154151-1.9%

Summary: The 17403 real estate market had 151 homes for sale in October 2024, a 1.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 2117
-19.0%
3 7274
+2.8%
4 3534
-2.9%
5+ 2424
0.0%

Summary: The 17403 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 19%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42420.0%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17403, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 42 homes were sold or pending in 17403 in October 2024, the same as the previous month. Of the 42 sold homes, 38% were sold under asking, 19% were sold at asking, and 43% were sold over asking.

Days on Market for 17403, PA

How long does it take to sell a home in 17403, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days26 Days+49.0%

Summary: Homes in 17403 had an average of 26 days on market in Oct 2024, up by 49% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17403 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 42 homes were sold in 17403; 69% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 17403, PA

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